Funding Rounds

Paro raises $5m to connect finance professionals with companies

Paro, which connects finance professionals with companies looking to outsource or augment their accounting and finance teams, has raised $5m.

Arkivum collects follow-on investment from Parkwalk Opportunities

Arkivum, a London-based provider of data lifecycle management solutions, has raised new investment.

UiPath said to net $120m at $1bn+ valuation

UiPath, a robotic process automation developer, has reportedly closed a $120m investment, at a valuation of over $1bn.

Sharia-compliant Maliyya closes $1.3m seed round from Ground1

Maliyya, a Sharia compliant P2P financing and investing platform, has closed a $1.3m seed round from Ground1 Ventures.

Brazil-based Nubank closes $150m Series E

Brazil-based banking platform Nubank has collected $150m in its Series E round of funding.

Tellius closes $7.4m Series A to expand AI-based analytics platform

Tellius, an AI-based business analytics platform, has closed a $7.4m Series A funding round, led by Veraz investments.

Havven closes ICO on $30m, in just over 90 minutes

Havven a decentralised payment network has closed its ICO on $30m, closing in just over 90 minutes.

Acima Credit collects £125m credit facility from Comvest

Acima Credit, a POS financing provider, has collected a £125m senior credit facility from Comvest Credit Partners.

Quovo expands to Canada, bags funding from Portag3

Financial data platform Quovo has bagged an undisclosed investment from Portag3 Ventures, alongside the company’s launch in Canada.
fintech-news

Softbank, Alibaba said to invest $445m in to Paytm Mall

Softbank and Alibaba have reportedly invested $445m in to Paytm Mall, the e-commerce division of Indian banking platform Paytm.

News Stories

How purpose-built AI is transforming compliance from detective controls into preventive controls

As AI rewrites the playbook for financial crime and conduct risk, Behavox founder and CEO Erkin Adylov explains how purpose-built models are shifting compliance...
FinTech

Over $1.1bn raised across funding raises in red-letter week for FinTech

There was over $1.1bn raised across 23 deals this week in the FinTech sector, one of the most powerful weeks for raises seen so...

Ortec Finance’s GLASS PRISM targets insurance portfolio optimisation

Ortec Finance has unveiled GLASS PRISM, a next-generation strategic asset allocation (SAA) optimisation tool designed specifically for insurance asset managers.
crime

Why real-time intelligence sharing is now a legal must

A decade ago, the notion of regulated financial institutions exchanging crime intelligence in real time felt far-fetched. Legal barriers loomed large, trust between banks...
LSEG launches real-time vessel tracking API

LSEG launches real-time vessel tracking API

London Stock Exchange Group (LSEG) has unveiled a new Vessel Tracking API, developed in collaboration with satellite operator Kinéis and Wood Mackenzie Vesseltracker, offering...

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